marine insurance

full outturn guarantee insurance

No hidden and unknown costs should disrupt your business.

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overview

full outturn guarantee insurance is a policy that covers you from the risk of incurring unknown costs due to weight spread between loading and discharge.

This represents a certain risk especially for bulk cargo (for example, liquids). Full outturn guarantee (FOG) provides protection for those “paper losses” when there is no apparent and/or identifiable cause of loss.

policy highlights

Key coverages
  • Customary trade losses
  • Errors in weighing, gauging and measuring
  • Theft
  • Unknown factors that we cannot assign to another party

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